February 2016

Össur, Ottobock fund neural device study

Duderstadt, Germany-based Ottobock and Össur, headquartered in Reykjavik, Iceland, announced in late January that the two companies have endowed a research trust with $1 million to further development of neural-controlled prosthetic devices.

The research trust has been established at the University of Iceland in Reykjavik, and within a year will award its first international grants for scientific research and innovative projects in advanced neural control of prosthetic limbs.

Details for the fund’s grant application process will be announced soon, according to a joint news release from Össur and Ottobock.

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